Elite Scalper is state of the art Forex trading software, it uses price action trading setups and enters in market. This trading software is designed to run on smaller time frames like m5 and it is to be used with currency pairs with low spreads.
I have tested and optimized EliteScalper on EURUSD GBPUSD AUDJPY on m5 (5 minutes time frame), it also works on all other currency pairs and there are no limitations.
No Grid, No Martingale, No sudden bulk orders.
Simple Flexible winning trading strategy.
- TradeOperation - To do nomral trading operations is should be set to Normal and when you temporarily want to suspend trading operations set it to Freeze.
- EntryMethod - Select Method1 or Mehtod2 , default is Method1.
- MaxTrades - Normal settings is 100.
- TradingStartHour - Normally its set to between 8 or 9 or 10 start of London session. Customization is possible.
- TradingEndHour - Normally its set to 20 .
- LotSize - Normally its set to low risk 0.01,if you want to increase risk to reward ratio then increase it.
- UseFixedLot - It could be true or false.
- UseHedgingToProtect - It could be true or false. Advance technique used to prevent losses.
- UseSL - If this option is true expert advisor will use stoploss also.
- UseDynamicSL - If this option is set to true then expert advisor will use small dynamic stoploss.
- OneDayOneTrade - It could be true or false. Its used to restrict EA from doing more then one trades in a single day.
- ProcessEveryTick - It could be true or false. If its true EA will process every tick if its false EA will do process only on bar close.
- BullBias - Special Neuron used to set bull power its set to 100 in default setting but it could be changed according to nature of trading instrument and market environment.
- BearBias - Special Neuron used to set bear power its set to 100 in default setting but it could be changed according to nature of trading instrument and market environment.
Watch the video for detailed information. EliteScalper has been tested on 12 years of EURUSD history data and hence proven solid strategy.
Recommended equity: 1000 lot size 0.01.
Minimum equity: 500 and Lot size 0.01.
Try demo and if you have any question or suggestions or even feature requests pm me.Product keeps evolving signal is also available check my profile.
-added one more entry system cowabunga
-various minor fixes and updates
-added more entry methods
-added sl system
-added dynamic sl system
-added trading statistics to display
-enhanced display reporting system.